๐Ÿ“Š Analysis: BTC 4H.



Bitcoin โ€“ 4H Timeframe Update โœ”๏ธ

The previously marked resistance zones played out as expected:
The first zone gave no sell confirmation and broke, while price reacted and pulled back from near the second resistance.

๐Ÿ‘€ Liquidation Map Overview

๐Ÿ“‰ If price drops below $62K, approximately $2.5B in long positions could get liquidated.

โ†—๏ธ If price pushes toward $72K, around $2.7B in short positions are at risk.

๐Ÿ”ด Resistance:
$70,150 โ€“ $71,200

๐ŸŸข Supports:
$65,650 โ€“ $64,650
$62,400 โ€“ $63,300

๐Ÿ“‰ If price reaches resistance and gives confirmation โ†’ look for shorts.

๐Ÿ“ˆ If price taps support zones and confirms strength โ†’ look for longs.

๐ŸŒ€ Weโ€™re currently sitting in a zone where liquidity is almost balanced on both sides.
However, last nightโ€™s aggressive buying suggests larger players are not willing to easily give up the $62K region ๐Ÿคซ.

$BTC
{spot}(BTCUSDT)
BTC-2.31%
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